Comment: Obamacare adds taxes, fees, extra goodies, bureaucrats, and people who don’t pay onto the cost of health care. None of that reduces costs; it all increases costs.
This study finds health insurance premiums were rising 2.6 percent faster than inflation prior to Obamacare, and have been rising 3.3 percent faster than inflation since.
(Note that consumers’ Obamacare burden is even greater. Their tab includes extra Obamacare taxes, fees, and burgeoning deductibles too.)
“In fact, looking back at the same data sources cited by the EOP in 2009, annual premium increases for family premiums for employer-sponsored health insurance averaged 4.8 percent for the 5 years prior to Obamacare becoming law (2005-2010) when inflation averaged 2.2 percent, and have averaged 5.0 percent for the 5 years since the law’s enactment (2010-2015) while inflation has averaged only 1.7 percent.”
Before: 4.8% hikes – 2.2% inflation = 2.6% over inflation
After: 5% hikes – 1.7% inflation = 3.3% over inflation
The Burden of Health Insurance Premium Increases on American Families
Freedom Partners, (accessed April 5, 2016)